According to the data monitoring of the business community, as of September 16, 2022, the reference of the average ex factory price of domestic butanone market was 9600 yuan/ton. Compared with the price on September 11 (the reference price of butanone was 9266 yuan/ton), the average price increased by 333 yuan/ton, or 3.60%.
It can be seen from the data monitoring chart of the business community that after the Mid Autumn Festival, the domestic butanone market is running upward as a whole. After the festival, the operating rate of butanone in the plant was low, the equipment was shut down for maintenance, and the spot supply in the plant was tight. The supply side gave some support to the butanone market. Some factories steadily raised the price of butanone after the festival by 200-300 yuan/ton. The industry was reluctant to sell, and the overall focus of the butanone market steadily moved up. As of September 16, the domestic butanone market price was near 9500-9800 yuan/ton, with an increase of more than 3% after the festival. At present, the trading atmosphere in the butanone field is fair, and the downstream demand mainly continues to be rigid demand.
On the upstream side, after the Mid Autumn Festival, the domestic liquefied gas market was dominated by consolidation, and the Shandong civil gas market was lack of momentum to continue to rise, with a narrow price decline. According to the data monitoring of the business community, the average price of liquefied gas in the civil Shandong market was 5930.00 yuan/ton on September 8 and 5916.00 yuan/ton on September 15, with a drop of 0.24% in the week.
Future market analysis of butanone
At present, the downstream demand side of butanone is mainly based on demand procurement, which is about to usher in the National Day holiday. With the support of appropriate replenishment and stock up in the downstream, the butanone data engineer of the business community believes that in the short term, the domestic butanone market is mainly stable and operating at a moderate to strong level, and more attention should be paid to the information changes on the supply and demand side.